Archives: Mining project news

Teck Resources Ltd has announced that its Quebrada Blanca Phase 2 Project (QB2) has produced its first bulk copper concentrate, as the project advances commissioning and ramps up to full production through 2023. “First copper concentrate production at QB2 is an important milestone as we advance our commissioning and ramp up plan towards full production[…]

Rio Tinto and First Quantum Minerals have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world. The two Tier 1 miners have also entered into a memorandum of understanding for[…]

Hitachi Construction Machinery and First Quantum Minerals have announced that they have entered into a Letter of Intent to advance the development of sustainable mining solutions at First Quantum’s flagship mining operations in Zambia. A proof of concept will be implemented as part of the LOI; Hitachi Construction Machinery supplying the first of its full[…]

NioCorp Developments Ltd has executed a contract with Zachry Group to develop a cost for the surface facilities associated with NioCorp’s Elk Creek critical minerals project in Nebraska, USA. The contract represents the first phase of engineering, procurement and construction (EPC) contracting for the $1.2 billion project, the company says. NioCorp had previously selected Zachry,[…]

Back in 2015, Swakop Uranium invested in a new mining fleet for the new Husab uranium mine near the town of Swakopmund in western-central Namibia consisting of 23 327 t class Komatsu 960E-2KT electric dump trucks and three Chinese NHL NTE330 electric drive trucks of the same class. All the trucks were trolley-ready with a view to[…]

Torex Gold Resources Inc has provided an inaugural quarterly update on the development of its Media Luna Project in Mexico for the period ending December 31, 2022. Media Luna Project is located seven kilometres from the existing El Limón Guajes Mine Complex (ELG) comprised of the El Limón, Guajes and El Limón Sur open pits,[…]

Greening Canada’s mining sector is a crucial part of the country’s transition toward a low-carbon economy. That is why the Government of Canada says it is “making investments that will help build a greener future by supporting advancements in sustainable mining practices, while creating well-paying jobs that will support global demand for Canada’s critical minerals.”[…]

With the shareholder vote on BHP’s proposed acquisition of copper and gold mining group OZ Minerals expected to be held in early April 2023, and with OZ Minerals Directors unanimously recommending shareholders vote in favour, it is a good time to review the miner’s progress in 2022 and plans for 2023 across its main mining[…]

Compania Minera Sierra Gorda SCM (KGHM 55%; South32 45%) has announced that it has started to operate from this month with 100% renewable energy. This achievement is part of the company’s sustainability objectives and represents the removal of the emission of around 1 Mt of CO2 per year. The presentation of this important news took[…]

Swedish iron ore miner LKAB says it has identified significant deposits of rare earth elements in the Kiruna area, metals which are essential for, among other applications, the manufacture of electric vehicles and wind turbines. Following successful exploration, the company reports mineral resources of rare earth metals exceeding 1 Mt of rare earth oxides making[…]